07 October 2013 18:25 [Source: ICIS news]
Integrated domestic PE margins were assessed at 68.95 cents/lb ($1,520/tonne, €1,125/tonne) for LDPE and 59.59 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended 4 October. That represents a 0.35 cent/lb decrease on average for LDPE and 0.35 cent/lb decrease on average for HDPE from a week earlier, using ethane as a feedstock.
The PE margin increased due to a 3.6% rise in ethane feedstock costs, while co-product credits rose 1.2%.
Integrated LDPE export margins rose by 0.63 cents/lb for LDPE on lower feedstock costs. LDPE export prices rose by 1 cent/lb.
($1 = €0.74)
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